In the Sea of Funding Crunches, Plutoverse Breaks the Clutter With Multiple Investors Signing in

Funding has become a scarce resource in the start up industry. Many investors are shying away from placing their bets, which has in turn led to a funding drought in the ecosystem. Bucking this trend of reluctance is a tech-entertainment company that brings a path breaking product to the table.

Since inception, “Plutoverse” has been making huge waves in the tech universe, with its recent funding round with Polygon Co-founder Mr. Jaynti Kanani generating quite the buzz. 

A virtual world where users don exciting avatars to socialize, build, and earn, Plutoverse explores the concept of Metaverse in an in-depth, adventurous and invigorating way that no other platform has attempted. 

The firm now welcomes three new investors on board, as Polygon Co-founder Mr. Sandeep Nailwal, Tykhe Block Ventures founder Mr. Prashant Malik and OYO Global CSO Mr. Maninder Gulati also invest in Plutoverse.

With the backing of such distinguished names, Plutoverse is steadily racing ahead in creating a digital world that breaks the boundaries of what one can do in the Metaverse. 

Sandeep Nailwal

Talking about his investment, Sandeep Nailwal, Co-founder, Polygon says, “Plutoverse is not just an attempt at creating a world unseen, but also a revolutionary idea that can redefine the Metaverse. It will allow users to holistically immerse into a shared universe with easy interface and seamless integrations. I am looking forward to working with this team of young guns to make a memorable product”. 

Prashant Sharma, CEO & Co-founder — Plutoverse 

Elaborating on the road ahead, Prashant Sharma, CEO and Co-founder, Plutoverse says, “With Plutoverse, we want to give consumers a never seen before experience. Mr. Nailwal, Mr. Gulati and Mr. Malik’s backing will further strengthen our mission. Mr. Nailwal has been a maverick of the fintech space, the way Polygon changed the blockchain arena is what we are attempting to do in the Metaverse market”.

The trust of such renowned investors in Plutoverse proves that exquisite offerings still have backers in the market. The Plutoverse trailer has already become a viral sensation online and this fresh round of funding will further strengthen the company’s efforts to provide Indian users with a unique yet world class Metaverse experience.

Plutoverse Collaborates With NoFiltr to Launch Influencers in the Metaverse!

A collaboration to take stars to a different universe!

Metaverse company Plutoverse is all set to collaborate with NoFiltr, an Influencer Incubator. With their extraordinary history of creating pop culture and building for GenZ, the firms plan to create virtual avatars of India's favorite influencers.

Plutoverse is the ‘metaverse of misfits’ as they call themselves. A virtual space where users, called ‘misfits’ on the platform - can interact with virtual environments and other users. It’s like a 24x7 multiplayer social media game with communities and economies of its own.

NoFiltr incubates young artists, creators & influencers with outstanding talent and provides them with the resources to achieve their goals of growing on social media and forming genuine communities. With this partnership, the two brands aim to bring to table creativity and thus, return on investment and valuable content - the goal is to let these communities of influencers have a place to interact with like-minded artists & give them the infrastructure to grow and collaborate in real life.

Creators, artists & influencers have always been the first way to embrace and experiment with newer technologies, mediums & platforms. Metaverse is all three. So, it only made sense to give top influencers a headstart in the metaverse - which, according to experts, is going to be the primary medium of global communication like social media was for the past decade.

As a brand that strives to be different, to stand out from the crowd, building virtual characters in the Metaverse is another step to do so. Plutoverse has worked tirelessly to bring the virtual worlds now to the level it is at today, and taking influencers to Metaverse could be another feather in their cap.

The brand has also recently closed their angel investment round with one of India’s first crypto billionaires, Jaynti Kanani, CEO & Co-founder of Polygon.

The partnership with NoFiltr strives to take the influencers to Web 3.0 aka The Metaverse, with the aim to create non-destructible, highly influential personalities online. With this move, they want to enable self-expression of the influencers' personality with no judgement like in the online world of Instagram, YouTube, Tik-Tok and the likes.

Plutoverse will deepen the connection between users and their favorite influencers and make the experience of being a fan, more immersive where they will be able to interact in the virtual world, build and sell collectibles, build fictional stories and more.

While speaking of Metaverse and the brand's collaborative efforts with NoFiltr to do so, co-founder Prashant Sharma said, “Creators & influencers have always been about their communities - metaverses are natively built around communities. It was always meant to be. The question was when? and we recently discovered, ‘now’.”

On the collaboration Hitarth Dadia, Partner at NoFiltr said, “Creators are always looking for more and more ways to efficiently express themselves and we think this partnership is going to offer one of the most elegant solutions for self-expression. We have seen what’s coming, and it's insanely good.”

This collaboration and the creative thought behind it could be a revolutionary move in the Influencer Marketing industry. It could lead to a change in the ecosystem altogether, even if brands and influencers continue to stay on the current social media platforms.

About Plutoverse:

Plutoverse is a virtual world where users can socialize, build, and earn. They aim to tell stories inspired by and tailormade for Gen Z and Millennials. A world that is designed for social interaction between digital identities. Every element of this world is created and owned by the players. We built it for creators, artists, and misfits - we built it for people like us.

Plutoverse Announces Social Media Debut of Deerdost, India’s First Metaverse Avatar

• Follow @DeerDost on Instagram 
• DeerDost seen as India’s very own Rick & Morty
• Plutoverse plans more original virtual avatars in the year

Plutoverse, an avatar technology company is the latest entrant into the Indian Metaverse sector, is already creating ripples with the announcement of its first virtual avatar for adults called DeerDost. The virtual avatar who made his Instagram debut as @DeerDost will be seen in India’s first adult animated Web series. He lives in Mumbai and like any young adult experiencing the sights and sounds of the city in the midst of the Loneliness Pandemic.

The series is built in a futuristic version of Mumbai and talks about how everyone deals with anger, sadness, anxiety, depression. These feelings hurt but they aren’t bad. If we accept them, we can grow and accept the good feelings too. The story revolves around DeerDost, a quintessential Mumbai 20-year old, who hangs about with his friends and lives out his life in the virtual world. Having spent the past 18 months watching the world go by through his screens, he finally stepped out of home only to realise that the world seemed to be steeped in a much deadlier disease – the Loneliness epidemic. The series will shine light on the mental health struggles of the GenZ in a quirky manner that echoes with them. In the future, not only will the audience get to see the world of Deerdost through a screen, they will also be able to experience the world firsthand through AR and VR technology.

DeerDost is parented by Plutoverse, an Indian Avatar technology company, focused on creating a metaverse of homegrown virtual avatars relatable to the country’s GenZ. In their own words, Plutoverse is a bunch of extraordinarily talented and passionate misfits who have come together to create an Avatar metaverse of great virtual avatars driven stories, virtual avatars, and celebrity & brand virtual avatars.

Speaking about the virtual avatars and his role in the current times, Prashant Sharma, Co-founder, Plutoverse opined, “We believe that the GenZ needs to be engaged in conversations using more interesting tools. Usage of artificial intelligence, virtual influencers, synthetic media of storytelling and so on can endear a complex topic like mental health far more than counselling.

In this series, we’re going to show a satirical futuristic Mumbai that imagines what the city might look like if our societal issues keep getting worse. And we’re going to wrap it all up in a funny and exciting sci-fi action comedy adventure.

A large part of the current generation thinks and expresses differently, and traditional methods may not work for them. We are moving towards a world where the audience would like to live in the story worlds that they are experiencing and we are confident that DeerDost in his metaverse of friends and situations will resonate with the GenZ, and it can create a good ambience to spark relevant conversations. At Plutoverse, our ultimate aim is to create virtual identities for every Individual and make India Metaverse ready. These identities of individuals, celebrities, brands can be used across games, social platforms, virtual worlds etc.”

Coming soon from the land of Plutoverse will be some more original virtual avatars, virtual versions of icons from Bollywood and Sports, virtual worlds and so on. The company will soon introduce various touch points for the virtual avatars such as NFTs, digital goods, animated shows, virtual concerts, and so on.